Transparência do banco central: uma análise para o caso brasileiro

• Autor(a) principal: Mendonça,Helder Ferreira de
• Data de Publicação: 2010
• Outros Autores: Inhudes,Adriana
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista de Economia Política
• Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572010000100010
• topic: transparency; monetary policy; inflation targeting

Central Bank transparency: an analysis of the Brazilian case. Nowadays there is a tendency among central banks of increasing transparency in the conduction of the monetary policy. After the adoption of inflation targeting in Brazil there was an increase in the communication of the Central Bank of Brazil with the public. This paper makes a brief review of the recent theoretical and empirical literature concerning this subject. Furthermore, an analysis due to the transparency in the conduction of Brazilian monetary policy on important macroeconomic variables is made. The findings denote that an increase in transparency improves the behavior of several macroeconomic variables.